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CERTIFICATE COURSE ON ECONOMIC
ANALYSIS OF REGULATION
MARCH 6, 2017 - MARCH 10, 2017
Organised by:
GNLU CENTRE FOR LAW & ECONOMICS
Gujarat National Law University, Attalika Avenue, Knowledge Corridor, Koba,
Gandhinagar - 382007, Gujarat, India.
GUJARAT NATIONAL LAW UNIVERSITY
A warm welcome to Gujarat National Law University (GNLU), Gandhinagar – a world class law
university in the making. GNLU is the largest NLU of India in terms of student, faculty and
research associate strength, boasting five UG specializations, a wide range of research and training
programs and centers, student scholarships and campus facilities. GNLU is also a nodal agency
mandated to enhance legal education in 32 law colleges across Gujarat. GNLU offers
interdisciplinary legal course in the faculties of BA LLB, BCom LLB, BSc LLB, BSW LLB, BBA
LLB, LLM and PhD programs in law and interdisciplinary fields.
THE FIELD OF LAW & ECONOMICS
EVERY LAWMAKER IS FACED WITH two concerns:
first, the question of how a specific law might affect
behavior and, second, whether this law secures its intended
social goals. There is a need to move from an intuitive,
anecdotal and subjective analysis to employing a scientific
theory to predict these answers. This is what economics
has to do with law.
The field of Law & Economics or the Economic Analysis
of Law is concerned with this very interface. It permits the
greater use of economics to examine the law in addition to
recognizing the importance of law to an analysis of
economic issues. Today, the field of Law and Economics
has expanded and transformed legal fields related to
property, contracts, torts, crimes, procedure, constitutional
design, the environment, family matters etc. The inherent
advantage of this field is that its objective nature permits
the legal system to function rationally and more efficiently.
Besides, it provides a useful normative standard for
evaluating law and policy.
LAW & ECONOMICS AT GUJARAT NATIONAL LAW UNIVERSITY
Over the past few years, GNLU’s Department of Economics has been putting serious academic
effort into conducting several certificate courses and pursuing research projects on Law &
Economics.
The first edition of the Certificate Course in February 2013
saw participation from 65 students. The second and the third
editions too showed overwhelming participation. A fourth
Certificate Course on Law & Economics expanded
boundaries further, allowing candidates to learn about the
importance of economics in different legal fields such as
Corporate Law, Competition Law, Contract and Land Laws,
Patent Law and Crimes. Over time, exciting resource
exchanges have ensured an ever growing curiosity about this
dynamic discipline and GNLU has been at the center of this
defining phase for the subject in the Indian sub-continent.
The four courses have been conducted by distinguished
professors like Dr. Ariel Porat, Fischel-Neil Distinguished
Visiting Professor of Law at the University of Chicago and
Prof. PM Prasad from IIT Kanpur who served as excellent
tutors for the subjects. This, followed by a recognition of
shared goals, has led to ties with renowned institutions like
IIT-Kanpur, IIM-Ahmedabad and the University of Chicago.
Further, Gujarat National Law University also jointly
organized two International Conference on Law &
Economics on 14-15 March, 2015 and on 3-4 September,
2016 in collaboration with IIM Ahmedabad and IIT
Kanpur. Additionally, a Certificate Course on the
Economic Analysis of Constitutional Law was also
conducted in August 2015 under the tutelage of Dr. Regis
Lanneau from the University of Paris Ouest Nanterre la
Defense. The purpose of this course was to offer students
economic tools and concepts with which to critically think
about Constitutional Law and Public Law in general,
complementing their knowledge of the “what?” with some
insights about the “why?” Finally, another Certificate
Course on Principles of Law & Economics Applied To
Construction Contracts, was held between 16-20 January,
2016.which was conducted under the tutelage of Dr. Henrik
Lando, Professor of Law & Economics, Department of
Law, Copenhagen Business School and Professor of Private
Law, Oslo University. The course provided an introduction
to the economic theory of contract and contract law, and
illustrates the application of economic theory to remedies
for breach of contract, change orders and conflict
resolution schemes, and the allocation of risk of changed
circumstances.
ABOUT THE COURSE
After the last economic crisis, calls for more “regulation”, especially in financial markets, were
widespread both at the national and the international level. To avoid the occurrence of such crisis, it
is argued that more regulations are required. Regulations are indeed tools to shape economic
systems. As such, they have tremendous impacts on economic growth and the well-being of
population. If the content of regulations is to be known when strategies are considered, it is
especially crucial for both lawyers and policy makers to understand the foundations of these
regulations. For lawyers, it helps to develop innovative interpretations and powerful arguments; for
policy makers to understand the consequences and the inherent limits of their actions while also
providing tools to apprehend and criticize existing regulations. This course will inquire into the
reasons for regulations, the options that are available when a regulation is considered, their limits
and the strategies to deal with them.
The course will cover one week, and it starts from Monday, March 6, 2017 & ends on Friday,
March 10, 2017. Arrangement for stay during the period will be provided at the GNLU Campus,
Koba, Gandhinagar on the costs of Participants.
TENTATIVE COURSE CONTENT
Lecture 1: Why should we regulate?
Lecture 2: Regulatory strategies (I): CAC and economic incentives.
Lecture 3: Regulatory strategies (II): Soft law, nudges, self-regulation and regulation by information.
Lecture 4: How regulation can fail? theory and practice.
Lecture 5: Impact assessment and the case for CBA.
COURSE DURATION
The course is designed to give the recipients both a holistic view of Law & Economics as a
discipline and all the same provide opportunities to explore specific areas that are affected by its
application. Lectures will be conducted by the instructor entirely in English. This will be done
through 14 hours of intensive sessions (2 to 3 hours per day).
EVALUATION
Project, Viva, GD and Presentation.
RESOURCE PERSONS:
DR. RÉGIS LANNEAU
Dr. Régis Lanneau - Associate Professor in Public Law and
Economics, Director of the undergraduate program in Law and
Economics / co-director of the Master program in economic
regulation.
Dr. Regis Lanneau has a wide academic experience in the field of
Public Law and Economics. He has published many articles in
journals and magazines on his desired research areas such as
Economic Analysis of Law, Constitutional Law, Theory and
Philosophy of law. He is also rendering his services as visiting
faculty in different colleges and universities across the world.
DR. RANITA NAGAR
DR. HITESH KUMAR THAKKAR
Cost for Participants
GNLU Students: 1000/-
Other Participants (Without Accommodation): 1500/-
Others (with Accoommodation : non AC room) – 4000/-
*Each Participant has to bear additonal cost for food as per GNLU caterers charges.
Dr. Hitesh Kumar Thakkar is an Assistant Professor of Economics
at Gujarat National Law University, Gandhinagar (India). His areas
of interest are Global Financial Crisis, Global Financial Integration,
Global Financial Regulatory System and Macro Economics, Policy
and Practices. He has edited books and published several papers in
books and journals.
Dr. Ranita Nagar –(Phd (Economics), MA) Dean Research, Head,
Department Of Social Science And Professor Of Economics.
Professor Dr. Ranita Nagar is the Dean Research and faculty of
Economics at Gujarat National Law University who is credited with
having conceptualised the present course and the Committee of
Law and Economics at GNLU. Her main fields of interest include
economic analysis, law and economics, women right issues,
Sustainable livelihood matters and vulnerability studies. She has
previously headed various government sponsored and independent
studies to enable policy decisions.
WHO SHOULD APPLY
We invite legal scholars and students pursuing graduate or post graduate studies in the field of law or
economics. Students in their second, third, ultimate or penultimate year of their five year integrated
course would be preferred. Professionals practicing are also encouraged to participate.
DEADLINE
All interested participants must apply by 28th February 2017 (or till seats are available). This is
subject to the availability of seats on that particular date.
HOW TO APPLY
The course has a capacity for 30 participants. So we will confirm participation based on first cum
first 30 applications. The application process would be closed after receiving the first 30 candidates.
Step 1: Interested participants are requested to fill the attached registration form.
GNLU Students: Pay Registration fees to the GNLU account department
Other Participants: Electronic transfer in Gujarat National Law University Bank
Account (all relevant details mentioned in the attached Registration Form)
Step 2: Send the Receipt (GNLU Participants) or Unique Transaction Reference
Number (Other Participants) of successful payment along with the duly filled scanned copy of
registration form to [email protected] and [email protected]
ORGANIZING COMMITTEE
Mr. Hitesh Thakkar Assistant Professor of Economics Co-convener, GNLU Centre for Law & Economics Gujarat National Law University
Mr. Shivansh Agarwal Student Convener, GNLU Centre for Law & Economics Email Id: [email protected] Contact: +91 96628 37940 Ms. Reena Goyal Member, GNLU Centre for Law & Economics Contact: +91 97278 86567 Email Id: [email protected]
Mr. A. Marisport Assistant Professor of Law, Co-Coordinator, Course Gujarat National Law University Contact: +91 81286 84328 Email Id: [email protected]
Dr. Ranita Nagar Professor of Economics Dean, Department of Research Head, Department of Social Sciences Director, GNLU Centre for Law & Economics Gujarat National Law University
INDIVIDUAL REGISTRATION FORM
Please fill all details in BLOCK/CAPITAL LETTERS ONLY
Receipt No. (GNLU) / UTR No. (OTHERS)
Name of the Participant
Designation/Education
Name of the Organization
Address of the Organization
City and State:
Phone Contact
Email Contact
Any other relevant information that you
may wish to provide
Signature (Write Your Name)
Date
Certificate Course on
Economic analysis of Regulation:
6 March - 10 March 2017.
ORGANIZED BY
GUJART NATIONAL LAW UNIVERSITY, GANDHIANGAR (INDIA)
Payment Details
GNLU Students: Pay Registration fees to the GNLU Account Department Other Participants: Electronic transfer payment: Gujarat National Law University Bank Account
Sr. No. Particulars Gujarat National Law University Detail
1 Name of the Payee (as in the bank accounts) GUJARAT NATIONAL LAW UNIVERSITY
2 Name of the Bank CORPORATION BANK
3 Bank Branch (Full Address) UDYOG BHAWAN, 2ND FLOOR, BLOCK NO.16, SECTOR-11, GANDHINAGAR- 382011
4 Branch Code Number 583
5 Bank Account Number 058300101004844
6 Type of bank account SAVINGS BANK ACCOUNT
7 MICR code of the bank 380017009
8 Mode of Electronic transfer available in the Bank - ESC/RTGS/NEFT/CBS/Code Number (if any):
RTGS IFC CODE: CORP0000583
Step 2: Send the Receipt (GNLU Participants) or Unique Transaction Reference Number (Other
Participants) of successful payment along with the duly filled soft copy of registration form to
[email protected] and [email protected] on or before 28th February 2017 (or till seats
are available).
__________________________________________________________________________
Programme Fees
GNLU Participants Other Participants (Without Accommodation)
Other Participants With Accoommodation : Non
AC room
INR 1000/- INR 1500/- INR 4000/-
Note: TDS deduction shall not be applicable toward the payment of fees by the applicant. No taxes are levied for the program.
*Participant has to bear additional cost for food as per GNLU caterers charges.
*Accommodation Charges (Non AC room) : 500 /- Per Day (i.e. 500 ×5 = 2500 /-)
Disclaimer:
The organizers reserve the right to change resource persons, dates, topics, venue as per exigencies or circumstances, if any. Note: Pre-Registration and pre-payment is a must. Programme fee is neither refundable nor adjustable against any other event of GNLU.
